Bahram Hakakian
Allied Realty & Development
Allied Realty & Development portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$100 million – walkup 47%, retail 22%; Manhattan 73%, Brooklyn 14%
540th largest portfolio by dollar value
496,226 sqft – walkup 52%, retail 24%;
600th largest by SF
46 properties – Manhattan 54%, Brooklyn 19%
111th largest
447 residential units – Manhattan 99%, Bronx 0%
406th largest by residential units
Person Activity past 24 months:
Buyer signatory: 3 for $27.4 million
Seller signatory: 1 for $10.5 million
Borrower signatory: 4 for $23.8 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Moaath Y. Alsayedi (2), Citizens Bank (1), Carol Mae Matzel (1), First Republic Bank (1), Teachers Federal Credit Union (1), Desh Deepak Bhardwaj (1), Centennial Funding (1), Peapack-Gladstone Bank (1), Michael Tsoumpas (1), Mary Henriques (1)
Top Ten Associated People:
Moaath Y. Alsayedi (2), Lysa Ginsberg (1), Carol Mae Matzel (1), Jordan Herzlich (1), Desh Deepak Bhardwaj (1), Martin J. Brady (1), Michael Tsoumpas (1), Mary Henriques (1), Richard Henriques (1), Gia Vesce (1)
Recent activity as signatory:
• Mary Henriquesand Antonio Henriquesand Richard Henriques sold 132 Sullivan Street, SoHo, Manhattan for $6.2 million to Allied Realty & Development on December 31, 2024.
• Allied Realty & Development borrowed $7.7 million from Citizens Bank for 1105 Lexington Avenue, Lenox Hill, Manhattan on November 07, 2024.
• Michael Tsoumpas sold 1105 Lexington Avenue, Lenox Hill, Manhattan for $11 million to Allied Realty & Development on November 07, 2024.
• Allied Realty & Development borrowed $0 from Centennial Funding for 1181 Broadway, NoMad, Manhattan on September 10, 2024.
• Allied Realty & Development sold 113-18 Liberty Avenue, South Ozone Park, Queens for $10.5 million to Desh Deepak Bhardwaj on August 26, 2024.
• Allied Realty & Development borrowed $9.6 million from Teachers Federal Credit Union for 224-01 Union Turnpike, 224-01 Union Turnpike, 224-01 Union Turnpike, and 224-01 Union Turnpike, Bellerose Manor, Queens on July 03, 2024.
• Allied Realty & Development borrowed $6.5 million from First Republic Bank for 20 East 22nd Street, Flatiron District, Manhattan on March 22, 2023.
• Carol Mae Matzel sold 20 East 22nd Street, Flatiron District, Manhattan for $10.2 million to Allied Realty & Development on March 22, 2023.
• Allied Realty & Development sold 4711 White Plains Road, Wakefield, Bronx for $2 million to Moaath Y. Alsayedi on December 06, 2022.
• Allied Realty & Development sold 4710 White Plains Road, Wakefield, Bronx for $3 million to Moaath Y. Alsayedi on December 06, 2022.